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House Prices in DN16 House Prices in DN16 (Scunthorpe)

The average house price in DN16 (Scunthorpe) is £141,133 using HM Land Registry data.

The average property price increased by £31,870 (22.78%) over the last 5 years and increased by £6,386 (3.51%) over the last 12 months.

Over the last year, there were 360 residential property sales – a decrease of 66 transactions (-18.33%) relative to the previous year. The majority of house sales (100) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 120 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,481 (-3%).

In Dec 24, there were 10 new estate agency instructions, 21 agreed home sales and 15 property price reductions.

Nearby Postcodes: DN10, DN14, DN15, DN17, DN18, DN20, DN21, DN22, DN38, DN39, DN8, DN9, LN1, LN7, LN8

5-Year Average Property Prices in DN16 (Scunthorpe)

22.78%

Property prices in Scunthorpe increased by 22.78% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DN16 (Scunthorpe) Over the Last Year

3.51%

Property prices in Scunthorpe increased by 3.51% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DN16 (Scunthorpe) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DN16 (Scunthorpe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN16 postcode area since 1995.

Recent Sales in DN16 (Scunthorpe)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
53 Jacklins Approach, Scunthorpe, North Lincolnshire, DN16 3PF£215,000£215,000£0002 Aug 202422 Nov 2024112 Days
244 East Common Lane, Scunthorpe, North Lincolnshire, DN16 1HJ£85,000£61,600-£23,40011 Jul 201913 Nov 20241952 Days
4 Ville Road, Scunthorpe, North Lincolnshire, DN16 2NW£130,000£127,000-£3,00018 Apr 202412 Nov 2024208 Days
57 Chancel Road, Scunthorpe, North Lincolnshire, DN16 3NE£289,950£289,200-£75016 Aug 202408 Nov 202484 Days
43 Hornbeam Avenue, Scunthorpe, North Lincolnshire, DN16 3HT£230,000£230,000£0016 May 202408 Nov 2024176 Days
29 Cornwall Road, Scunthorpe, North Lincolnshire, DN16 3BP£129,950£125,000-£4,95009 Aug 202408 Nov 202491 Days
16 Rivelin Crescent, Scunthorpe, North Lincolnshire, DN16 2AL£199,950£199,950£0021 Aug 202404 Nov 202475 Days
38 Bottesford Road, Scunthorpe, North Lincolnshire, DN16 3HE£125,000£110,000-£15,00017 Apr 202401 Nov 2024198 Days
67 Lancaster Road, Scunthorpe, North Lincolnshire, DN16 3JH£175,000£173,000-£2,00028 Mar 202425 Oct 2024211 Days
74 Lincoln Gardens, Scunthorpe, North Lincolnshire, DN16 2ED£175,000£165,000-£10,00025 Jul 202425 Oct 202492 Days
16 Knights Court, Scunthorpe, North Lincolnshire, DN16 3PL£170,000£170,000£0029 Feb 202418 Oct 2024232 Days
66 Morecambe Avenue, Scunthorpe, North Lincolnshire, DN16 3JG£185,000£170,000-£15,00011 Jul 202418 Oct 202499 Days
3 Shirley Crescent, Scunthorpe, North Lincolnshire, DN16 1NX£149,950£149,950£0029 Jun 202418 Oct 2024111 Days
8 Neville Road, Scunthorpe, North Lincolnshire, DN16 1TN£132,500£132,000-£50011 Apr 202419 Aug 2024130 Days
1 Copper Beech Walk, Scunthorpe, North Lincolnshire, DN16 3QQ£180,000£175,000-£5,00025 Apr 202419 Aug 2024116 Days
1 Whimbrel Chase, Scunthorpe, North Lincolnshire, DN16 3WJ£300,000£295,000-£5,00030 May 202419 Aug 202481 Days
323 Ashby Road, Scunthorpe, North Lincolnshire, DN16 2AB£200,000£187,000-£13,00028 Feb 202415 Aug 2024169 Days
217 Grange Lane South, Scunthorpe, North Lincolnshire, DN16 3BL£128,000£127,500-£50011 Jun 202415 Aug 202465 Days
42 Annes Crescent, Scunthorpe, North Lincolnshire, DN16 2LW£154,950£153,000-£1,95021 Aug 202309 Aug 2024354 Days
28 Revesby Court, Scunthorpe, North Lincolnshire, DN16 2EF£80,000£78,000-£2,00013 Nov 202309 Aug 2024270 Days

Most Expensive Streets in DN16 (Scunthorpe)

PostcodeStreetAreaAverageNo. of Sales
DN16 3RSValewood, BottesfordScunthorpe£505,0003
DN16 3RDOld School Lane, BottesfordScunthorpe£415,3333
DN16 3RBHolme Lane, BottesfordScunthorpe£373,5005
DN16 3RFHolmeScunthorpe£352,6663
DN16 3FQSycamore CrescentScunthorpe£292,5003
DN16 3GGFieldfare CloseScunthorpe£291,5905
DN16 2AJOld Brumby StreetScunthorpe£289,1666
DN16 3FUAlpina CloseScunthorpe£287,6663
DN16 3AQWisteria WayScunthorpe£276,9916
DN16 3UPBurdock RoadScunthorpe£262,7438

Least Expensive Streets in DN16 (Scunthorpe)

PostcodeStreetAreaAverageNo. of Sales
DN16 1TFRedbourne StreetScunthorpe£61,4005
DN16 2HFBeechwayScunthorpe£63,3504
DN16 1RWGrange Lane NorthScunthorpe£65,6503
DN16 2EFRevesby CourtScunthorpe£68,3758
DN16 1TWCliff StreetScunthorpe£72,2504
DN16 2QRStaindale RoadScunthorpe£75,6124
DN16 1DYCemetery RoadScunthorpe£76,2857
DN16 1LQCottage Beck RoadScunthorpe£81,6663
DN16 1PXWarley RoadScunthorpe£81,7005
DN16 3BNMarshfield RoadScunthorpe£82,6663

Explore DN16 (Scunthorpe) using map

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